If you’re searching for a reliable Forex and CFD broker, you might have come across Windsor Brokers. But is it the right choice for you? In this detailed Windsor Brokers review, we’ll examine its trading platforms, regulations, fees, account types, and more to help you decide.
Windsor Brokers Overview
Windsor Brokers is a well-established online brokerage firm offering Forex, CFDs, stocks, commodities, and indices trading. Founded in 1988, the company has built a reputation for providing a secure and user-friendly trading environment.
The broker is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 030/04, ensuring compliance with strict financial standards.
Pros and Cons of Windsor Brokers
Pros:
✅ Strong Regulation (CySEC Licensed) – Ensures trader protection.
✅ Multiple Trading Platforms – Includes MetaTrader 4 (MT4) and a proprietary platform.
✅ Competitive Spreads – Low trading costs for Forex and CFDs.
✅ Variety of Account Types – Suitable for beginners and advanced traders.
✅ Educational Resources – Helps traders improve their skills.
Cons:
❌ Limited Product Portfolio – No cryptocurrency trading.
❌ Inactivity Fees – Charges apply if an account is dormant.
❌ No U.S. Clients Accepted – Restricted for traders from the United States.
Trading Platforms
Windsor Brokers offers two main trading platforms:
1. MetaTrader 4 (MT4)
- Popular among Forex traders.
- Advanced charting tools, indicators, and Expert Advisors (EAs) for automated trading.
- Available on desktop, web, and mobile (iOS & Android).
2. Windsor Brokers’ Proprietary Platform
- User-friendly interface.
- Customizable dashboards.
- Suitable for both beginners and experienced traders.
Account Types
Windsor Brokers provides different account options to suit various trading styles:
- Standard Account
- Minimum deposit: $100
- Spreads from 1.5 pips
- No commissions
- Premium Account
- Minimum deposit: $2,000
- Tighter spreads (from 1 pip)
- No commissions
- VIP Account
- Minimum deposit: $20,000
- Lowest spreads (from 0.5 pips)
- Dedicated account manager
- Islamic Account (Swap-Free)
- Compliant with Sharia law.
- No overnight interest charges.
Trading Instruments
Windsor Brokers offers a decent range of assets, including:
- Forex (EUR/USD, GBP/USD, USD/JPY, etc.)
- Commodities (Gold, Silver, Oil)
- Indices (S&P 500, NASDAQ, FTSE 100)
- Stocks (Apple, Tesla, Amazon, etc.)
However, cryptocurrencies are not available, which may be a drawback for some traders.
Fees and Spreads
Windsor Brokers offers competitive spreads, starting from 0.5 pips on VIP accounts. There are no deposit fees, but withdrawals may incur small charges depending on the payment method.
Inactivity Fee: If an account remains inactive for 12 months, a $5 monthly fee is charged.
Deposits and Withdrawals
Windsor Brokers supports multiple payment options, including:
- Bank Transfers
- Credit/Debit Cards (Visa, Mastercard)
- Skrill
- Neteller
- PayPal
Withdrawals are processed within 1-3 business days, depending on the method.
Customer Support
Windsor Brokers provides 24/5 customer support via:
- Live Chat
- Email ([email protected])
- Phone Support
Response times are generally quick, and support is available in multiple languages.
Education and Research
The broker offers several educational resources, including:
- Webinars & Video Tutorials
- Market Analysis & News
- Trading Guides
These tools are helpful for both beginners and experienced traders.
Is Windsor Brokers Safe?
Yes, Windsor Brokers is a regulated broker under CySEC, ensuring client fund protection and fair trading conditions. Additionally, they follow negative balance protection, meaning traders cannot lose more than their account balance.
Final Verdict – Should You Trade with Windsor Brokers?
Windsor Brokers is a reliable and regulated Forex and CFD broker suitable for traders of all levels. With competitive spreads, multiple account types, and strong customer support, it’s a solid choice for those looking for a trustworthy broker.
However, the lack of cryptocurrencies and inactivity fees may be a downside for some.
Who Should Choose Windsor Brokers?
✔ Forex and CFD traders looking for a regulated broker.
✔ Beginners who need educational resources.
✔ Traders who prefer MetaTrader 4 (MT4).
Who Should Avoid Windsor Brokers?
✖ Crypto traders (no Bitcoin or other digital assets).
✖ U.S.-based traders (not available for U.S. clients).
Conclusion
Overall, Windsor Brokers is a secure and well-regulated broker with a good selection of trading instruments and platforms. If you’re looking for a trusted Forex and CFD broker, Windsor Brokers is worth considering.
Open an account today and see if it fits your trading needs!
This Windsor Brokers review covers all the essential aspects to help you make an informed decision. If you have any questions, feel free to ask in the comments!
Disclaimer: Trading Forex and CFDs involves risk. Always do your research before investing.